M&T Bank Corp Trims Stake in Vanguard Small-Cap Value ETF (NYSEARCA:VBR)

M&T Bank Corp reduced its stake in shares of Vanguard Small-Cap Value ETF (NYSEARCA:VBR) by 0.6% during the fourth quarter, Holdings Channel reports. The institutional investor owned 51,941 shares of the company’s stock after selling 289 shares during the period. M&T Bank Corp’s holdings in Vanguard Small-Cap Value ETF were worth $9,348,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also modified their holdings of the company. TIAA Trust National Association bought a new stake in shares of Vanguard Small-Cap Value ETF in the third quarter valued at about $95,924,000. Charles Schwab Investment Management Inc. acquired a new stake in Vanguard Small-Cap Value ETF during the third quarter worth about $58,277,000. International Assets Investment Management LLC purchased a new position in Vanguard Small-Cap Value ETF during the fourth quarter worth about $41,381,000. Deutsche Bank AG increased its stake in Vanguard Small-Cap Value ETF by 77,343.8% during the 3rd quarter. Deutsche Bank AG now owns 223,038 shares of the company’s stock worth $35,572,000 after buying an additional 222,750 shares during the period. Finally, Retirement Investment Advisors Inc. increased its position in shares of Vanguard Small-Cap Value ETF by 57.8% in the 3rd quarter. Retirement Investment Advisors Inc. now owns 441,596 shares of the company’s stock valued at $70,430,000 after purchasing an additional 161,791 shares during the last quarter.

Vanguard Small-Cap Value ETF Price Performance

Shares of NYSEARCA:VBR opened at $184.24 on Monday. The stock has a market cap of $27.83 billion, a P/E ratio of 11.42 and a beta of 1.09. Vanguard Small-Cap Value ETF has a 1-year low of $148.75 and a 1-year high of $192.44. The firm has a fifty day moving average price of $184.49 and a 200 day moving average price of $175.41.

Vanguard Small-Cap Value ETF Company Profile

Vanguard Small-Cap Value ETF (the Fund) is an exchange-traded share class of Vanguard Small-Cap Value Index Fund, which employs a passive management or indexing investment approach designed to track the performance of the MSCI US Small Cap Value Index (the Index). The Index is a diversified index of value stocks of smaller United States companies.